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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

Green Car Congress

By 2040, hybrids are expected to account for about 35% of the global light-duty vehicle fleet, up from less than 1% in 2010. Driven by increasing population, urbanization and rising living standards, the world will require some 35% more energy in 2040, according to ExxonMobil’s annual forecast report: Outlook for Energy: A View to 2040.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

Without efficiency gains across economies worldwide, energy demand from 2010 to 2040 would be headed toward a 140% increase instead of the 35% forecast in the report. The Outlook for Energy identifies a significant evolution in the trade of oil and other liquids. l/100 km) in 2040, compared to about 25 mpg (9.4 billion in 2040.

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ExxonMobil Outlook projects hybrids and advanced vehicles to account for nearly 50% of cars globally by 2040; fuel demand for for personal vehicles to peak and decline, while commercial transportation demand rises 70%

Green Car Congress

Light duty vehicle fleet by type and average fuel efficiency. This edition of the annual Outlook marks the first extension of the long-term energy forecast to 2040. Globally, ExxonMobil expects the average new car to get 48 miles per gallon (MPG) in 2040, compared to 27 MPG in 2010. Source: ExxonMobil Outlook.

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil. No more Big OIL - think of the extra money stimulating the economy! Let the Interstate trucks and farm equipment stay on oil until the residential is done and slowly begin to move them as their fleets age out. Then we are done! Email Neal.

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